A big question is whether the Fed will follow a U.S.-centric interest rate path or will consider current turmoil in emerging markets.
However, technical patterns show that gold could see a minor rally here.
This is a pure technical play based on the oversold nature of SPDR Gold Shares ETF.
Alaska Has Aussie Miners' Attention
Gold prices are down so far this year, but one expert expects a rebound if the dollar rally starts to fade.
This setup in gold looks like a great time to buy.
The price of gold has retreated around 11% since peaking in April.
Investment capital is flowing into gold stocks and Frank Holmes, CEO of U.S. Investors, said that this may be due to peak gold.
A full-blown trade war is what is needed to fuel a gold rally.
Try this options play on weakness in gold prices.